Cheap Homes for Rent in Forest Manor Neighborhood of Indianapolis, IN from $600 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Manor area of Indianapolis.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Forest Manor, Indianapolis, IN Local Guide

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 1 Bed unit found at East Village at Avondale Meadows Apartments priced from $693. Hopeside I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsA11BR,1BA$693
Hopeside I2.2-50%2BR,2BA$745
Indy Town ApartmentsArlington Green 1 bedroom1BR,1BA$746
Chateau De VilleBordeauxStudio,1BA$863
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$925

Best Value Apartments for Rent in Forest Manor, IN

As of June 27, 2025 the best value apartment in the Forest Manor area is the $1.12 price per square foot Pebble Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,299. The second greatest value Forest Manor apartment is the 2.2-50% Model at Hopeside I starting at $745 with a $0.81 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7 Pointe ApartmentsPebble3BR,2BA$1.12
Hopeside I2.2-50%2BR,2BA$0.81
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.15
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
Fallwood1 Bed/1.5 Ba Den Up1BR,1.5BA$1.34
Harbour PointeThe Hideaway1BR,1BA$1.43
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.11
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.21
5126 East 21st St, Unit Indy prop 35126 East 21st St1BR,1BA$1.27

Quick Rent Budget Calculator

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Frequently Asked Questions about Forest Manor

What type of rentals are currently available in Forest Manor?

There are currently 85 Apartments for Rent in Forest Manor, IN with pricing that ranges from $700 to $2,558. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Manor ranging from $694 to $2,350.

What is the current price range for Rental Homes in Forest Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Manor ranges from $694 to $2,350 with an average monthly rent of $1,354.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.